FYI: Since going public in the summer of 2004, Google’s stock is up nearly 2000%.
That’s roughly 8x the return on the S&P 500 in that time.
It’s hard to imagine life without Google now that it’s so intertwined with everything we do in terms of using and gathering information.
I mean, how did people settle debates in the past without the ability to Google something? And remember having to stop and ask for directions before Google maps existed?
Google seems like an obvious home run with the benefit of hindsight but it wasn’t a foregone conclusion the company or the stock would be so successful. When I was in college we were forced to use search engines like Alta Vista, Yahoo! or AskJeeves.com when Google was still in its infancy.
Regards,
Ted
http://awealthofcommonsense.com/2019/06/only-a-good-idea-in-hindsight/
